Why Raymond James Is Poised for a Comeback

Why Raymond James Is Poised for a Comeback

In an age where wealth management groups boast new technological client interfaces that require less one-on-one contact, Raymond James Financial (NYSE: RJF) is old-school. The Robinhoods of the world might say this type of wealth management is passe, but Raymond James, boasting a whopping $774 billion in assets under management (AUM), would beg to differ. Raymond James' fiscal second quarter (which ended March 31) wasn't pretty.